The Market Yesterday
EGP / USD CBE market average: Buy 16.01 | Sell 16.11
EGP / USD at CIB: Buy 16.01 | Sell 16.11
EGP / USD at NBE: Buy 16.03 | Sell 16.13
EGX30 (Monday): 11,088 (+1.2%)
Turnover: EGP 1.9 bn (127% above the 90-day average)
EGX 30 year-to-date: -20.6%
THE MARKET ON MONDAY: The EGX30 ended Monday’s session up 1.2%. CIB, the index’s heaviest constituent, ended up 1.4%. EGX30’s top performing constituents were Sodic up 5.2%, Juhayna up 5.2%, and Orascom Development up 4.9%. Yesterday’s worst performing stocks were Cleopatra Hospital down 2.1%, Credit Agricole down 2.0% and Egypt Kuwait Holding down 1.1%. The market turnover was EGP 1.9 bn, and local investors were the sole net buyers.
Foreigners: Net short | EGP -97.0 mn
Regional: Net short | EGP -22.6 mn
Domestic: Net long | EGP +119.5 mn
Retail: 61.2% of total trades | 58.6% of buyers | 63.9% of sellers
Institutions: 38.8% of total trades | 41.4% of buyers | 36.1% of sellers
WTI: USD 40.59 (-0.15%)
Brent: USD 43.12 (+0.75%)
Natural Gas (Nymex, futures prices) USD 1.83 MMBtu, (+5.54%, August 2020 contract)
Gold: USD 1,794 / troy ounce (+0.22%)
TASI: 7,390 (+0.03%) (YTD: -11.9%)
ADX: 4,318 (+0.34%) (YTD: -14.92%)
DFM: 2,087 (+1.23%) (YTD: -24.50%)
KSE Premier Market: 5,627 (+0.05%)
QE: 9,196 (+0.10%) (YTD: -11.79%)
MSM: 3,511 (+0.08%) (YTD: -11.81%)
BB: 1,277 (-0.03%) (YTD: -20.68%)